Portfolio News

Propellant Ventures aspires to change the future in a very powerful way. We boldly invest in outstanding companies and extraordinary teams to cultivate an extremely high-quality and diversified portfolio.
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The team at Propellant collaborates with our portfolio companies, angel groups, and other VC’s to dramatically improve startups success, growth, and valuation. In 5 years, Propellant Ventures strives to be one of Midwest region’s most active VCs and go-to funds for innovative startups. Propellant Ventures invests in a broad range of diverse tech enabled B2B industries such as healthtech, future of work, supply chain, fintech, IIoT, and edtech.

April 6, 2023

Education Intelligence Company, Innovare, Raises $2M in Additional Seed Funding Despite Economic Downturn with Support from Existing and New Investors In the U.S. and Mexico

Chicago-based EdTech company, Innovare, announced that it has raised $2M in additional seed funding to continue to scale its impact on education leadership via its cloud-based strategy and analytics platform Inno™️.

March 23, 2023

Charleston Angel Partners Invests in SquareStack

Charleston Angel Partners has invested in Chicago-based start-up SquareStack to drive expansion and growth.

February 25, 2023

STRATAFOLIO and Intuit QuickBooks are joining forces to provide a bundled solution for new customers

Learn more about STRATAFOLIOS's new collaboration in the QuickBooks Solution Provider program from the firm's CEO, Jeri Frank.

November 13, 2022

Propellant Ventures Makes an Investment Into Proptech Company, STRATAFOLIO

Propellant Ventures is excited to announce that we made an investment into Cedar Rapids, IA based Proptech firm STRATAFOLIO.

November 8, 2022

Under Recognized in list of Best Products & Services for ISOs & Banks (2022)

Under was recognized in OvationCXM's best products and services list for 2022.

August 2, 2022

Golden Section Invests in SquareStack

Golden Section of Houston has invested in Chicago-based start-up SquareStack to drive expansion and growth.

July 14, 2022

Virtual Environments Platform ‘Gamerjibe’ Rebrands as ‘Inverse’ to Build the Onramp to the Metaverse

Gamerjibe, a 3D virtual environments platform, is rebranding and has changed its name to ‘Inverse’ as part of its strategy to bring more brands and their audiences into the metaverse.

March 29, 2022

SquareStack Announces Partnership with G2

SquareStack, the Business Apps Command Center for Small Business, and G2, which provides direct user software reviews, have partnered to bring G2’s world class review platform to SquareStack’s Small Business members and subscribers.

February 7, 2022

Propellant Ventures Makes an Investment Into Fintech Company, Under

Propellant Ventures is excited to announce that we made an investment into Chicago-based Under, which provides a unified platform that automates customer onboarding, document completion, identify identification, and submission for end users, brokers, and financial institutions.

January 25, 2022

SupplyHive Mentioned in Built in Chicago's "The Future 5 of Chicago Tech, Q1 2022"

Chicago has a number of big name corporations and well-known companies that over the years have helped shape the identity of this Midwestern metropolis. SupplyHive was recognized as a company to watch in Chicago.